Next week’s capital markets highlights: DeepSeek V4 official release is about to launch; the “Gravity One” launch vehicle will carry out an offshore launch mission; earnings reports from multiple tech giants including Google and Intel are coming.

Mars Finance News,

1. The latest 1-year and 5-year-plus LPR data in China will be released on July 20. As of this June, China’s LPR has remained unchanged for the 13th consecutive month.

2. Wind data shows that next week the central bank’s open market operations will have 196.35 billion yuan in reverse repos maturing, including 224.0 billion yuan, 236.5 billion yuan, 426.5 billion yuan, 626.0 billion yuan, and 450.5 billion yuan due to mature from next Monday through next Friday, respectively. In addition, 1,000 billion yuan of treasury cash time deposits will mature on Tuesday next week.

3. Wind data shows that next week (July 20 to July 24), a total of 38 companies’ restricted shares will gradually be unlocked, totaling 341.3 million shares. Based on the closing price on July 17, the total market value of the unlocked shares will be 51.278 billion yuan. Judging from the unlocked market value, the top three are: Jingzhida (11.09 billion yuan), Energy Conservation and Environmental Protection (10.978 billion yuan), and Changxin Bochung (3.657 billion yuan). Judging from the number of shares to be unlocked, the top three are: Energy Conservation and Environmental Protection (2.075 billion shares), China Merchants Shekou (456 million shares), and Kangpeng Technology (260 million shares).

4. Wind data shows that next week there will be 4 new stock issuances, including 1 on the Shanghai main board, 1 on the Shenzhen main board, 1 on the ChiNext board, and 1 on the Beijing Stock Exchange. Specifically, on July 20, Qian’an Technology and XinXing Tools will be issued; on July 24, JinFushiDa and JialiChuang will be issued.

5. Changxin Technology has already applied for an IPO on July 16 and is expected to officially list on the STAR Market in late July.

6. The DeepSeek team had previously announced that the official DeepSeek V4 release plan is scheduled to go live in mid-July, and will also introduce a peak-and-valley pricing strategy. Each day from 09:00 to 12:00 and from 14:00 to 18:00 are peak periods, during which the API price will double; during off-peak periods, it will remain at the current price.

7. The “Gravity No. 1” long-range four-vehicle launch rocket is expected to be carried by the “Oriental Aerospace Port” launch ship on July 22, performing a satellite launch mission in the eastern waters of Shanghai.

8. The 2026 International Low-Altitude Economy Expo will be held from July 22 to 25 at the National Exhibition and Convention Center (Shanghai).

9. The 2026 Shanghai Nuclear Energy Sustainable Development Conference will be held from July 22 to 24 at the National Exhibition and Convention Center (Shanghai).

10. Google, Tesla, IBM, and Texas Instruments will release their latest earnings reports after the close of U.S. stock trading on July 22, while Intel will release after the close on July 23. Market focus is centered on Google Cloud’s growth and AI monetization, Tesla’s gross margin recovery, and Intel’s foundry business progress.

11. The 2026 AMD Advancing AI Conference will be held in San Francisco, USA, from July 22 to 23. CEO Lisa Su will deliver the keynote speech at 00:30 Beijing time on July 24. The conference will mainly focus on detailed information about the Zen 6 processor architecture and the next-generation AI products.

12. Burnham will take over as UK Prime Minister on July 20 from Starmer. Investors are paying close attention to the list of the new cabinet to judge the direction of future fiscal spending and tax policy.

13. The 2026 World Cup final will be held at New York’s MetLife Stadium in the United States at 3:00 a.m. Beijing time on July 20. Spain and Argentina will stage the World Cup final in New Jersey to decide the 2026 world champion.

14. Overseas economies will release multiple important economic data. July 20: Germany’s June PPI month-on-month rate, Canada’s June CPI month-on-month rate; July 21: the UK’s June unemployment rate, the eurozone’s July economic sentiment index; July 22: the U.S. API crude oil from the previous week, EIA crude oil inventories, and the UK’s June CPI month-on-month rate; July 23: the U.S. initial jobless claims from the previous week, and the European Central Bank’s interest rate decision; July 24: Japan’s June core CPI year-on-year rate, the eurozone’s preliminary manufacturing PMI, and the Russian central bank’s interest rate decision. (Caixin)